Forex AUDUSD 1.0240 ( 7AM) TradingLevels: support on 1.03 creates the target 1.05 the next level Elliott Wave: Wave v) up from the last low 1.015 can take the price anywhere to 105 Forex Trading Strategy: Expecting higher prices to come above the 103, the trick is to navigate the resistance, correction and support at 103, I always consider the normal pattern that occurs at a level called Classic pattern, the Arrival, the Reaction, the Support, the First High Above the Level, then the abc correction, then support back above the Level and this is where you build long. When working with 103 also understand SG1 & SG2 11:30am AUD Unemployment Rate 5.2% 5.2%
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